PROJECT

Projects

Summary of Proposed Investment

Project Number

25626

Company Name

SONAE NOVOBORD (PTY) LTD

Date SPI Disclosed

May 7, 2007

Country

South Africa

Industry

Agribusiness and Forestry

Projected Board Date

Jun 7, 2007

Status

Completed

Sector

Wood Panels and Engineered Wood Products

Department

Regional Industry - MAS Africa

Environmental Category

B - Limited

Previous Events

Approved : Jun 19, 2007
Signed : Jun 27, 2007
Invested : Jul 18, 2007

Project Description

The project involves a Euro 53 million expansion of Sonae Novobord (SN or the company), a wood panel producer in South Africa, to increase its existing wood panel production. The project will well position the company to capture the potential in the growing board market in South Africa.

Sponsor / Cost / Location

Development Impact